Australians need to be banked by someone, perhaps the global banks should be given more freedom in Australia.
The Big 4 banks are in turmoil. look at the infamous Netbank scandal, the banking paedophiles scandal at Westpac, money laundering scandals, scams, interest rate profiteering, and anti trust behaviors not to mention wholesale misconduct.
The banks seem to be for politicians, banking politicians and their every whim not for any else.
Why else would they be allowed to get away with it?
Westpac's $1,000,000,000 AUSTRAC Settlement?, page-194
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